American Express is a publicly traded company listed on the New York Stock Exchange under the ticker AXP. It is one of the largest companies providing financial services, with a presence in over 130 countries. The company is not only among the fifth largest holdings of Warren Buffet, but AXP is the second largest-held stock in his portfolio at Berkshire Hathaway.
Multiple reasons make American Express an attractive investment to several investors, including its diverse sources of income, diversity in services, growth in customer base, etc. These factors make American Express an interesting stock investment, so you may be curious about its future price performance.
In this guide, we will take a closer look into the American Express stock price prediction and find out what different experts and market analysts predict about AXP's future price. The guide will also give you valuable information about the company itself, its price history, the benefits of investing in AXP, the latest news that can affect its future price, and introduce a way of buying AXP stock easily and quickly.
American Express Price Prediction - Key Points
Based on 22 analysts offering 12 month price targets for American Express have a median target of $186, with a high estimate of $220 and a low estimate of $149. The average price target represents a 35% change from today's price.
Algorithm-based price prediction platforms overall give optimistic projections about the American Express stock price forecast.
Here is a short review of how AXP price prediction can perform in the next few years.
- End of 2023 — The 30 analysts' consensus about American Express stock price is Hold, with 13 analysts voting for Hold, 12 Buy, and 3 Sell holds. Wall Streetzen’s poll of 16 analysts indicates a median target of $169 with a high estimate of $197 and a low estimate of $133. The consensus among the analysts is Hold with 10 Hold votes. Wallet Investor predicts that American Express stock price can increase to $185.4 in 2023.
- End of 2024 — American Express stock price prediction will start 2024 with a price of $182, which can grow up to $199 by the end of the year. Meanwhile, American Express's stock price can reach a maximum of $200 in 2024.
- End of 2025 — American Express average stock price prediction for 2025 will be above $300, and its maximum price can reach as high as $419. Panda Forecast’s prediction is overall positive, indicating that American Express will be growing over 2025 and eventually reach $377 by December 2025.
- End of 2030 — While analysts refrain from giving American Express stock price predictions based on a long-term perspective, some algorithm-based platforms provide data based on market research. With an average price of $228-229 for American Express stock price prediction 2030.
- End of 2040 — In the long run, a lot must have happened both within the American Express ecosystem and the entire stock market universe. Our long term American Express price prediction for 2040, therefore, estimates that the stock can rise to as much as $750 per share before the end of 2040.
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First, What is American Express?
The original company standing behind the American Express company was founded on March 18, 1850, and was based in New York. It was providing services for the express transport of goods and valuables between New York and Buffalo. After being in stiff competition for over 2 years, it finally merged with its rival company in 1868 and was renamed American Merchants Union Express Company. The company was eventually renamed American Express in 1872.
In 1881, after his brother’s death, James Cougdell Fargo became the president of the company and was responsible for its flourishing for the next 30 years. He introduced innovations and expanded the company’s office through Europe, including France, UK, and Germany. Later, he opened offices in Argentina, Brazil, Egypt, and other countries. The company shifted its services from good transportation to banking operations during the 1910s.
In 1915 it also introduced travel services, including tour packages, travel planning services, and hotel and car reservations. For a certain time, American Express also led a publishing section and published magazines about travel, leisure, food, etc. However, the publishing section was later sold to Time Incorporation.
American Express is currently operating in more than 130 countries of the world, providing credit cards, transaction services, and travel services. It issues multiple types of cards, including prepaid, credit, and charge cards, available for individuals and small businesses. Apart from it, American Express also provides transaction services which makes it one of a few companies providing both services, unlike Visa and Mastercard, which only provide transaction services.
When it comes to credit card fees, American Express usually charges comparably higher fees. However, consumers still prefer its cards due to the rewards and services that come with the cards. Using American Express cards includes rewards points, cashback on purchases, travel perks, and other benefits. For instance, its Green, Gold, and Platinum cards cost $150, $250, and $550, respectively, but they have unlimited spending limits.
The company provides cards for credit scores starting from 670. It also stands out with high customer service, another reason people still choose it despite high fees. The company has announced that it issued 3.3 million new cards, 60% of which were ordered by the younger generation.
Due to the versatility of its services, American Express gains revenue from multiple sources, including interest on loans, card fees, and transaction fees. It has already published its revenue for Q4 2022, which states that the company made a revenue of $15.38 billion which shows a 23.69% increase year-over-year. Its overall revenue for 2022 was $55.62 billion, which increased by 27.4% compared to 2021.
American Express Stock Price History
American Express was listed on New York Stock Exchange on May 18, 1977, and has a long history as a publicly traded company. The initial price was $3.17 for each stock, so $100 would buy you 31 shares of the company. But after that, American Express underwent a total of 6 splits, with the latest one being in 2005.
The first two splits occurred in 1983, with the first one being a 4-for-3 split and the second one being a 3-for-2 split. The next split happened in May 1987, which was a 2-for-1 split. Another split happened in 1997, followed by a 3 for 1 split in 2000. Eventually, the last AXP stock split occurred on 3 October 2005.
The estimate shows that if you had bought 31 shares of the company in 1997, you would have more than 460 AXP stocks right now. AXP stock was already traded above $10 by 2000, and during 2000 it also hit $50. The highest all-time high between 1997 to 2000 AXP hit on September 8, 2000, reaching $57.
AXP value kept growing over the following few years, and in July 2007, it hit another all-time high of $63. After this, American Express stock entered a decline phase and eventually dropped below $10 in 2009. It was the first time after 1995 that AXP was traded at such a low price. This was mainly associated with the loss in its revenue resulting from many financial problems at that time.
American Express stock had recovered its previous value of $60 by the year 2013, and in 2014 the AXP stock was close to hitting $100 but again dropped and was traded at $50-$60 for the next few years. AXP stock kept growing through 2016 and 2017 and eventually hit $100 in July 2018. Its next all-time high was $135, which happened in February 2020.
After this, AXP again experienced a decline losing more than 50% of its value. This didn’t last long, however, and along with the recovery of the travel sector, which suffered significantly after the pandemic, the travel sector also started to recover. As part of its services is associated with the travel sector, American Express's revenue has grown significantly as a result of this.
During 2022, AXP stock hit its highest all-time, reaching as high as $194 and never dropping below $100 after that. The stock’s current value is $163, which is expected to grow in the long-term perspective. The stock is also among the 5 stocks on Warren Buffet’s portfolio, which is another reason to believe AXP can perform well.
American Express Stock Price Prediction 2023
After publishing its Q4 revenue for the last year, AXP stock price has performed quite well, with many analysts thinking it will keep growing and even reach $200. Let’s take a deeper look at the American Express stock price forecast to discover how this stock can perform in the future.
We explored the 12-month price forecast for AXP stock on different platforms and can conclude that the outlook for this stock is basically optimistic. Money CNN provides a poll of 22 analysts predicting that the median target of AXP will be $186 with the possibility of reaching as high as $220, while the low estimate is $149. 13 of 30 analysts voted for Holding the stock, while there are 12 Buy, 3 Sell and 2 Outperform votes.
The Zacks platform introduces a poll with 18 analysts who predict a median target of $179 for the AXP stock with a maximum price of $205 and a minimum price of $149. The average brokerage recommendation is 2.43 out of 5 with 10 Hold, 7 Strong Buy, 2 Buy, and 2 Strong Sell votes.
AXP Stock Recommendation Poll - Source: Zacks.com
On the other hand, Wall Streetzen’s poll of 12 analysts predicts that even its maximum price target won’t be above $200. According to it, the average price of the AXP stock exchange will be $169, with a minimum price target of $133 and a maximum price target of $197. The current consensus between 18 analysts is again Hold with 10 Hold, 4 Strong Buy, 1 Buy, 2 Strong Sell, and 1 Sell votes.
The average broker recommendation for AXP stock is 2.17, according to Market Beat, with a median target of $175.44. Gov Capital’s prediction for 2023 indicates AXP can reach as high as $290. Wallet Investor is also quite optimistic about AXP's future price predicting that it can increase up to $185.
Other algorithm-based platforms, such as Leo Prophet and Panda Forecast, are again positive about AXP stock but are less bullish. According to the Leo Prophet forecast, AXP's average price will fluctuate between $167-$173, with the highest price of $177 and the lowest price of $163.7.
The same picture is with the Panda Forecast’s prediction, which suggests that AXP's average price will decrease from $167, and by the end of the year, it will be traded at $157.8 with a high estimate of $161.9 and a low estimate of $153.9.
While these projections are based on market and fundamental analysts, you still need to be careful with your investment and always take into account the latest news and other factors that can affect AXP price.
In summary, we expect the price of American Express stock to keep fluctuating as the months go by, but a steady, positive growth is expected throughout the period. Keeping this in mind, our American Express price prediction for 2023 is $170 per share.
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American Express Stock Price Prediction 2024
While professional analysts refrain from giving American Express stock price predictions in such a long-term perspective, we can look at projections made by algorithm-based platforms.
Starting from Wallet Investor, we see that the American Express stock price will increase over 2024, and by the end of the year, it can have a minimum price of $199 and a maximum price of $200.
According to Leo Prophet, AXP stock will start the year 2024 with an average price of $170, which will rise up to $188 by September 2024 and again drop to $178 by the end of the year. In 2024, AXP stock will have a maximum price of $193 and a minimum price of $164. Panda Forecasts’ projections show that AXP will initially drop from $154 to $143, but then it will grow again to above $150 and reach $152 by the end of 2024.
Perhaps the most bullish projections are those of the Gov Capital, according to which AXP will already hit $200 in February 2024. The stock’s average price will fluctuate between $180-$199 for the first half of the year, and in August, it will finally be traded above $300. AXP’s highest price in December 2024 can reach as high as $354, and it will close the year with an average price of $303.
It is important to clarify that the market conditions will play a big role in the actual price of American Express stock in 2024. All the same, our American Express price prediction for 2024 pegs the stock at $310 per share.
American Express Stock Price Prediction 2025
According to Wallet Investor’s predictions, American Express stock price will grow over the months in 2025. It will open the year with a price of $200 and grow steadily, reaching $217 by the end of 2025. Its maximum price can reach as high as $219 in December 2025.
Gov Capital’s predictions show that American Express stock’s average price will be $303 at the beginning of the year 2025, possibly reaching a maximum price of $349.
According to Gov Capital, American Express stock (AXP) will be traded above $330 by February 2025, and its price will even hit $440 in March 2025. AXP's average price will fluctuate between $430-$440 for the following few months, and eventually, it will be traded above $450 in August 2025 with a possibility of reaching as high as $517. While the stock’s value will keep growing for the rest of the year, its average price is not expected to exceed $500. Still, its maximum price can increase up to $524.
The Leo Prophet’s predictions indicate AXP will not hit even $200 in 2025. It will start the year with an average price of $180 which can reach up to $195 by the end of the year. The lowest estimate for the year 2025 is $173, and its maximum value can be $199 in December 2025.
Though Panda Forecast also shows an increase in AXP value during 2025, its predictions are far less optimistic. The platform indicates AXP will start the year with an average price of $155. According to this platform, AXP will experience positive dynamics for the rest of the year, and by the end of 2025, its average price is predicted to be $177, with a minimum price of $172 and a maximum price of $182.
Our American Express stock price prediction for 2025, therefore, projects that the AXP stock will reach $450 per share.
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American Express Stock Price Prediction 2030
Let’s take a look at the American Express stock price forecast up to 2030. Both Panda Forecast’s and Leo Prophet’s forecasts end in 2030. According to Leo Prophet, AXP will finally hit $200 in 2026, starting the year with an average price of $192. The highest estimate for 2026 is $218, and the lowest price is predicted to be $192. Still, by the end of the year, its lowest price will reach $209.
Panda Forecast projections are still bearish, according to which AXP stock will start the year with an average price of $176. The value of this stock will grow during the first half of 2026, reaching $188 with a maximum price of $193. After a little decline, it will continue growing, and by the end of 2026, AXP can be traded at $191 on average, with a maximum price of $194 and a minimum price of $188.
Gov Capital and Wallet Investor provide AXP stock price predictions until 2028 and are quite optimistic about the stock value from a long-term perspective. According to the Wallet Investor's data, AXP stock will increase from $219 to $236 in 2026, while its price can hit $250 in 2027 and reach up to $254 by the end of the year. During the first 3 months of 2028, American Express stock will be traded above $250.
Gov Capital provides the most bullish predictions again, indicating that this stock's price will start in 2026 at $440. But it will grow significantly, and by March 2026, it will hit $600 with a possibility of having a maximum price of $733. By the end of 2026, AXP will likely keep its price above $650, with a maximum price of $764 and a minimum price of $564.
In 2027 AXP will conquer new heights as it is predicted to have an average price of $845 by the end of the year. The highest estimate for this stock is $972, and the lowest estimate is $718. According to Gov Capital, AXP will get $1000 in March 2028, possibly increasing as high as $1154.
So, where does the 2030 American Express price prediction leave us?
Our long term American Express stock price forecasts 2030 projects that the stock can witness significant price growth and reach as high as $1,000 per share before the end of 2030.
American Express Stock Price Prediction 2040
Are interested in holding stocks in the long run, then American Express stock is one of the best shares to invest in right now.
However, giving a long-term outlook for American Express stock price is extremely difficult. That's why most platforms refrain from predicting AXP stock after 2030. Still, we can say that AXP is a promising stock, and if nothing unexpected happens, the stock’s value will keep growing even by 2040 and might rise above $1000 per share. That said, you must also be very careful with your money.
We also need to consider the possibility of the stock market going mainstream before 2040. Most popular stocks, including American Express will become a lot more valuable by then.
Based on that, our American Express stock price prediction for 2040 projects that the stock could rise to as high as $1500 per share.
We also need to consider the obvious possibility of crypto going mainstream before 2040. Most digital assets, including SOL will definitely become a lot more valuable by then.
Remember, any kind of investment involves high risks of losing money. Hence, you don’t need to rely only on these predictions and must consider many other factors, such as the competition in the market, American Express's development plan, revenue, and other factors related to its business, the overall market conditions, and many other factors. So, make sure you do your own research before making a final decision.
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Potential Highs & Lows of American Express Stock Price
Summing up all the data from market analysts and AI-based stock predicting platforms, we have made a chart including the highest and lowest possible price of AXP stock in the next few years. Take a look for a quick review of how the stock will perform by the year 2040.
| Year | High | Low |
|---|---|---|
| 2023 | $220 | $133 |
| 2024 | $354 | $143 |
| 2025 | $534 | $172 |
| 2030 | $1.154 | $280 |
| 2040 | $1,500 | $400 |
Reasons to Buy American Express Stock
You may still be thinking about whether AXP is a good investment, which means you need more information about the factors that can lead to an AXP price increase over the next few years. If you are still unsure about investing in American Express stock, below you will find 4 reasons AXP is worth buying.
Significant Growth in Customer Base
American Express has significantly increased its customer base. Its cards were ordered around 3.3 million times during the last quarter of 2022, with more than half of the new cards ordered by younger generations. People choose American Express for multiple reasons, including its customer support and AmEx user benefits. Some benefits include reward points, cash back on different purchases, travel benefits, etc.
Looking ahead, this trend is likely to continue, especially as the company is betting on Gen-Z as part of its plan for growth in the upcoming years.
American Express is a Good Dividend Stock
Another factor making American Express stock an excellent investment is that it is among the best dividend-paying stocks. AXP has paid a dividend within the past 12 months, and its annual dividend yield is 1.42%. If you were an AXP holder, you would have a dividend of $0.52 for the 4 quarters of 2022 for each stock you were holding and a $0.6 per stock during the last dividend payment. The fact that the company consistently increases its dividend payout is another major reason to invest in this stock.
Strong Q4 Results
The next thing making American Express a good among the most undervalued stocks is its strong Q4 revenue results which the company has recently published. Despite the risk of inflation and macro headwinds, American Express recorded a good Q4 revenue which exceeded the analysts' expectations. The annual revenue for 2022 was $55.625 billion, which increased by 27.4% year-over-year. The Q4 American Express revenue for 2022 was $15.383B, a 23.69% increase year-over-year.
Most Analysts and Investment Banks Upgraded AXP Stock Price Outlook
Finally, there is an upgrade to the American Express outlook by Morgan Stanley. According to it, AXP's outlook has changed from Equal-Weight to Overweight. The average one-year price target for American Express stock is $189, which has increased by 5.66% compared to its latest recorded price target of $179. According to the forecast, AXP's stock low is expected to be $150, and the high estimate is $231.
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Where to Buy American Express Stock
In this part of our article, we will introduce you to where to buy American Express stock if you have decided to invest in it. For this purpose, you must select an online broker, open an account, and deposit funds to purchase AXP stock. While hundreds of brokerage platforms provide such services, our best pick is eToro. It’s one of the most popular brokers worldwide for several reasons, which we will discuss below.
First of all, eToro is a well-established broker which was founded in 2007. It has many assets, including stocks and ETFs, foreign exchange, major and exotic pairs, commodities, cryptocurrencies, and indices. The broker has a rich selection of stocks with hundreds of investment options; hence it is an excellent platform for building a diversified portfolio.
Another thing we like about eToro is its competitive and affordable fee structure. eToro’s trading fees include commissions and buy/sell bids. However, the broker does not charge any commission when you buy stocks and ETFs, so you need to pay only the market difference.
Non-trading fees are also quite affordable. There is a withdrawal fee of $5, irrespective of the payment method you choose. The broker does not charge deposit fees, but a conversion fee is applied when you charge your account in a currency other than USD. While the broker requires a small inactivity fee, there are no other fees related to your account, trading tools, etc.
When you create an online account with a brokerage platform, you trust them with your personal information, card details, and funds. Hence, selecting a reliable broker with advanced security mechanisms that will protect your account is highly important. eToro is a trustworthy broker as it is regulated by many top-tier financial institutions and has good security features to protect your account from fraud.
Regarding trading features, eToro is quite versatile and enables you to buy assets through direct contracts and contracts for differences with a 5X leverage on stocks. It means you can buy an asset through CFDs initially paying 5 times less. However, you will also lose 5 times more money if the asset loses value; hence CFDs are also quite risky.
Eventually, eToro is an extremely beginner-friendly platform, which makes it the ideal option for those who do not know how to invest in stocks. It has a simple interface, and opening an account with this broker is easy. Note that you will undergo the know-your-customer procedure and verify your identity and address, as eToro is a regulated platform. When your account is verified, you can select any of the payment methods of eToro, deposit funds, and start buying American Express stock.
Pros:
- ✅ Leading brokerage platform with millions of active users.
- ✅ A wide selection of assets and asset types.
- ✅ Competitive pricing structure.
- ✅ No commissions on stocks and ETFs.
- ✅ Heavily regulated by ASIC, FinCEN, CySEC, and FCA.
- ✅ Educational content for beginners.
- ✅ Multiple tools for advanced and beginner traders.
Cons:
- ❌ The deposit fee may be high depending on your location.
- ❌ Limited customer service.
Your capital is at risk. Other fees apply.
Latest American Express News
When you invest in AXP stock, it is always a great idea to keep an eye on the market and follow the news to understand what is happening around the company. Here are some of the news that we find interesting about American Express.
- Morgan Stanley Upgrades American Express - Good news about American Express company is that the popular investment management company Morgan Stanley has changed its outlook on the AXP stock. It has upgraded its outlook from Equal-weight to Overweight. The median target price for AXP stock has also increased by more than 5.5% compared to the latest price target. So, the expected average price for AXP for the 12-month outlook is $189.13, with a high estimate of $231 and a low estimate of $150.49.
- American Express Raised Dividend by 15% - American Express is a dividend stock meaning that the company regularly pays its shareholders a small amount of money. American Express pays dividends quarterly and has recently increased the dividend amount by 15%. So, AXP shareholders will now get $0.6 for each stock instead of $0.52 for the last year.
- American Express Ranks No 10 on Fortune’s 2023 Most Admired Companies - This is a survey conducted by Fortune among analysts, executives, and directors to decide which companies are most admired. The decision is based on some criteria, including social responsibility, ability to attract talent, quality of service and products, etc. American Express is among the top 10 most admired companies on Future’s survey sharing the list with popular companies like Apple, Amazon, Alphabet, etc.
- Berkshire Hathaway and Warren Buffet’s Stake in American Express Is Poised to Hit 20% - American Express stock is still among Warren Buffet’s list of the 5 largest stocks. Warren Buffet has held it for a very long time and is currently the second longest-held stock in his portfolio at Berkshire Hathaway. The company owns 151,611K shares of American Express, representing 20% ownership of the company.
Conclusion - American Express Stock Price Prediction
Summing up, American Express is overall a good investment and one of the best stocks to buy or invest in with an average brokerage recommendation of above 2, meaning the consensus between analysts about AXP stock is Hold. AXP is also predicted to grow in the next few years bringing high yields, with the most bullish prediction stating it can reach $1000 by 2030.
Though analysts are mostly optimistic about AXP's future price, whether it is a good investment also depends on your investment goals, portfolio, budget, and risk tolerance. You need to do your own research to find out if AXP is the right equity to add to your portfolio. One thing is certain, you should add AXP to stocks to watch list.
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eToro – Best Place to Buy American Express Stock Today
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FAQs American Express Stock Price Prediction
What was the IPO price of American Express stock?
American Express was listed on the New York Stock Exchange in 1977 at $3.17. By 2000, AXP was already traded at above $40, but it had also undergone 5 stock splits.
Is American Express stock a buy right now?
American Express is among the fifth largest stocks on Warren Buffet’s portfolio, which makes it a good long-term investment for your portfolio and one of the pick stocks in the market. The AXP stock is currently traded at $160, but according to analysts’ predictions, it can reach as high as $200 in 2023 and even hit $1000 by 2030.
Who Owns American Express?
American Express is a publicly traded company with 628,899,517 total shares held by several stockholders. Around 25% of its stock belongs to Berkshire Hathaway Incorporation, owned by Warren Buffet. Other largest stakeholders of the company include Vanguard Group, Blackrock Incorporation, State Street Corp, and others.
Does American Express Pay a Dividend?
American Express is a good dividend stock that pays its shareholders quarterly dividends. It paid a $0.52 dividend per stock during the previous year, which increased to $0.6 during this year.
What was American Express stock's highest price?
American Express reached its historical all-time high in February 2022. The highest price of the AXP stock is $194.
What is American Express’s market capitalization?
The current value of AXP stock is $160 per share, which raises a market capitalization of $119.18 billion. Companies Market Cap platform ranks American Express as the 101st largest company by its market cap.
What will American Express be worth in 2030?
The predictions differ depending on the platform. For example, Wallet Investor’s projections indicate that AXP will be traded at $260 in 2028. Hence, according to this platform, it can hardly get higher than $300 by 2030. On the other hand, Gov Capital has rather bullish projections stating that AXP will be traded at $288 in 2023, and by 2030, it can reach $1000 and higher. All in all, AXP is certainly a top stock to buy.
What will American Express stock be worth in 2023?
Based on research and analysis, American Express stock price prediction for 2023 is $169. This is not close to the all-time high value, but it will be a major improvement to American Express stock’s current price.
What is American Express stock price prediction for 2025?
According to our forecasts, American Express stock price prediction for 2025 is $250 per share.